Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 6,719 people, 2,680 houses or apartments, and a median cost of homes of $140,438, Church Hill real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Church Hill, accounting for 73.33% of the city's housing units. Other types of housing that are prevalent in Church Hill include duplexes, homes converted to apartments or other small apartment buildings ( 10.28%), large apartment complexes or high rise apartments ( 9.15%), and a few mobile homes or trailers ( 6.34%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Church Hill. Owner-occupied housing accounts for 69.66% of Church Hill's homes, and 67.62% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Church Hill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Church Hill built between 1940-1969 ( 22.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.46%). There's also some housing in Church Hill built before 1939 ( 1.07%).
Vacant housing appears to be an issue in Church Hill. Fully 10.55% of the housing stock is classified as vacant. Left unchecked, vacant Church Hill homes and apartments can be a drag on the real estate market, holding Church Hill real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Church Hill have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.51%, which ranks in the top 40% nationwide. This equates to an annual average Church Hill house appreciation rate of 0.73%.
Appreciation rates are so strong in Church Hill that despite a nationwide downturn in the housing market, Church Hill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Church Hill appreciation rates continue to be some of the highest in America, at 8.11%, which is higher than appreciation rates in 87.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Church Hill. Church Hill appreciation rates in the latest quarter were at -1.22%, which equates to an annual appreciation rate of -4.81%.
Notably, Church Hill's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Tennessee, our data show that Church Hill's latest annual appreciation rate is higher than 80% of the other cities and towns in Tennessee.
|$839,001 - $1,119,000||0.0|
|$559,001 - $839,000||0.0|
|$447,001 - $559,000||0.4|
|$336,001 - $447,000||4.9|
|$224,001 - $336,000||11.8|
|$112,001 - $224,000||52.9|
|$56,001 - $112,000||21.7|
|$0 - $56,000||7.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Church Hill HOMES|
|2000 or Newer||16.5|
|1970 - 1999||59.5|
|1940 - 1969||22.9|
|1939 or Older||1.1|
|TYPE OF Church Hill HOMES|
|Small Apt. Buildings||10.3|
|SIZE OF Church Hill HOMES|
|5 or more bedrooms||2.14|